Thursday, August 16, 2007

CityDev, Partner To Invest Up To US$300m In Korea

Source : The Business Times, August 16, 2007

SINGAPORE - Singapore's property firm City Developments said on Thursday that it has signed a memorandum of understanding with DC Chemical Co to invest up to US$300 million in residential and commercial projects in South Korea.

Related link: http://tinyurl.com/2ggsxo
City Developments' press release


It said in a statement that the integrated commercial centre is expected to consist of a 50-storey tower, comprising a top-class hotel, a serviced residence, and an office building. -- REUTERS

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